Due to increased trade policy uncertainties, PVA TePla Group experienced project-related delays in the third quarter of 2025, particularly in the US and Asian markets. These effects have intensified in the current fourth quarter, which may lead to further delays in the finalization of projects.

The company expects that some of the revenue planned for fiscal year 2025 will likely be postponed to fiscal year 2026. This would result in a corresponding underfulfillment of the revenue and earnings targets for fiscal year 2025 compared to the previous forecast. In view of the current considerable trade policy uncertainties, the Management Board is therefore forecasting revenue between EUR 235-255 million and EBITDA of EUR 25-30 million for fiscal year 2025.

The delays in the third quarter of 2025 have resulted in preliminary third-quarter revenue of EUR 55.8 million (Q3/2024: EUR 63.0 million) and preliminary EBITDA of EUR 3.8 million (Q3/2024: EUR 10.5 million), corresponding to a preliminary EBITDA margin of around 6.7% (Q3/2024: 16.6%). Preliminary order intake amounted to EUR 72.8 million in the third quarter of 2025 (Q3/2024: EUR 34.7 million).

In the first nine months of 2025, preliminary revenue amounted to EUR 175.4 million (Q3/2024: EUR 198.3 million) and preliminary EBITDA to EUR 18.7 million (Q3/2024: EUR 32.4 million). This corresponds to a preliminary EBITDA margin of 10.7% (Q3/2024: 16.3%). Preliminary order intake for the first nine months 2025 amounted to EUR 176.5 million (Q3/2024: 107.2 million).

The medium-term market outlook and the strategic positioning of the company remain unchanged.

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